This Obamacare tax is going to hit the young people who voted for Obama hard in their disposable income. The truth is that most young people who are out on their own, living as single adults simply don't buy insurance because (a)they think they aren't going to need it for a long time. (b)they want to spend their money on cars, cosmetics, partying, etc. (c)they'll wait until they are married with families.

Oh, but some will say it won't cost them because they can stay on Daddy's policy til they're 26. This assumes Daddy has a policy and can afford to keep them on it. Never doubt that insurance companies or the government single payor policy will find a way to charge someone for this additional "free" coverage. Looks like this benefit will mainly benefit the college attendees, not the working poor or lower middle class.

Further, do we know what the rules are on this additional benefit? Do they have to be living at home and single? In college? Not covered by their employer who chooses to pay a fine instead of carrying insurance?

Remember that the great majority of employers have less than 5 employees. What will happen to the youngsters who come out of high school ready to work but can't find a job because employers won't hire because small employers will hire fewer employees because of the tax cost of O-Care.

The whole idea behind the mandate is to make the uninsured buy insurance to spread the cost, but the real reason is to get tax money from the young who won't regularly have a need for it in order to pay for the older participants.

Since the poor, the lower middle class and the young are the major demographics of those without insurance, O-Care is going to be paid for on their backs.

The 0bama regime, along with the CBO, have lied and downplayed the actual costs all along. The costs are going to be astronomical.

Let's hope that the kids are extremely fruitful and multiply like rabbits, because THE GENERATIONS to come are going to be the ones picking up this tab! This will be the ponzi scheme of all ponzi schemes. It is totally un-sustainable!

4
posted on 06/29/2012 9:44:59 AM PDT
by The Sons of Liberty
("Get that bastard out of MY White House!")

Mmmm. Our son has lived in Seoul for the last 3 years and maybe comes home a couple of wks/yr. He makes no income in this country and pays no income tax here. I wonder if he will be required to fork over money here?

5
posted on 06/29/2012 9:45:04 AM PDT
by freeangel
( (free speech is only good until someone else doesn't like it)

Except one must understand the 18-30 years old are God hating communists. Seriously. Not all, but the majority are. My mother is a teacher for 25+ years who now goes around and is not in one particular place and she swears to me she has never seen a more radical leftist youth block as the Millennials. They despise God, they despise conservatism, and they want to destroy all the Churches, violently if need be.

They probably dislike the bill because it’s not Medicare for all, quite frankly. I am scared to think what the country will look like when they inevitably take over the courts, business, schools, and politics. It’s inevitable they must eventually, all generations do age and take over.

Kids have been so dumbed down by this communists pushing school system that they will never know the difference what America used to be. This generation will join the current generation of ignorant but happy with nothing.

The real test for Obamacare will come once they start setting up death panels — which, I hear will be very soon. How the panelists will be chosen and what they will base their life-or-death decisions on is shrouded in as much mystery as the birthplace of the Glorious Leader,

Exactly. This ISN”T where the claims will be, but this is the pool from which most of the new money in the health system will come from.

Actually, from an insurance underwriting point of view, the addition of millions of new policyholders forced by taxes to participate in the health care system will help pay for the older policyholders who use the system more. It will spread the dollars in the premium pool over everyone, whether they use the system or not.

Look to see your local charity hospitals paid for by taxes change their billing since the poor, the young and the illegal immigrants who use the charity hospitals run by government will no longer get their services for free.

In theory, all property or income taxes that now support these charity hospitals will become unnecessary since everyone will have insurance. However, once a tax is laid, it seldom goes away as bureaucrats can always find a use for the money rather than let it go back to the taxpayer.

18
posted on 06/29/2012 10:15:52 AM PDT
by wildbill
(You're just jealous because the Voices talk only to me.)

My Dad has been living in Vancouver, Canada for the past 5 years taking care of my brother’s nieces and nephews and he never paid his taxes. The IRS should have audited him but nothing. The only thing he makes us do is check his stock tax forms when they come in and consult a tax atty. The attorney’s always tell him he has nothing to be concerned about except being a LA Kings fan in Canucks country.

19
posted on 06/29/2012 10:23:02 AM PDT
by max americana
(Make the world a better place by punching a liberal in the face)

Congress needs to immediatley pass a bill that withdraws all waivers granted, and avow that there will be no federal subsidies for individuals who cannot afford the insurance or the fine, sorry...tax. Those who cannot afford the tax penalty will have liens placed against all future earnings and/or current properties which may be forfited. Those individual who recieve the earned income tax credit, will have their returns deducted by the tax amount. So everyone will see and feel the true individual cost of “free” government health care. Let’s really see how committed to this the supporters really are...

JUSTICE ALITO: But isn’t that a very small part of what the mandate is doing? You can correct me if these figures are wrong, but it appears to me that the CBO has estimated that the average premium for a single insurance policy in the non-group market would be roughly $5,800 in  in 2016.

Respondents  the economists have supported  the Respondents estimate that a young, healthy individual targeted by the mandate on average consumes about $854 in health services each year. So the mandate is forcing these people to provide a huge subsidy to the insurance companies for other purposes that the act wishes to serve, but isn’t  if those figures are right, isn’t it the case that what this mandate is really doing is not requiring the people who are subject to it to pay for the services that they are going to consume? It is requiring them to subsidize services that will be received by somebody else.”

33
posted on 06/29/2012 11:54:51 AM PDT
by wildbill
(You're just jealous because the Voices talk only to me.)

They will be paying for health care- not for themselves- but for the old, the under-the-table workers and the illegals.
Medicaid would have to be pared back if the Dems and media didn’t fool the kids into this.

The ‘unreported’ job force is skyrocketing for the same reason as out-sourced jobs have as customers, employers and employees rebel against the costs of so many ‘free’ mandated ‘benefits’.

35
posted on 06/29/2012 12:00:03 PM PDT
by mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)

Look to see your local charity hospitals paid for by taxes change their billing since the poor, the young and the illegal immigrants who use the charity hospitals run by government will no longer get their services for free.

Illegals will still get a free ride, because they are specifically exempted in the legislation. Yet another benefit for those who employ illegals.

40
posted on 06/29/2012 12:16:32 PM PDT
by zeugma
(Those of us who work for a living are outnumbered by those who vote for a living.)

He and all his social contacts seem to believe that health care will be free now.

—

They are correct - it will be free - after they buy the $700 mandated/tax health control policy. Also free will be the triage, the hours or days wait in the waiting room to see the doctor, the procedure - if their provider qualifies them in the correct age/price range, the pain pills, and the euthanasia pill when the pain gets too bad, if the procedure is denied.

Their pets, however, will be treated quickly and efficiently with the latest and greatest at a low cost - but not free.

42
posted on 06/29/2012 1:50:40 PM PDT
by PIF
(They came for me and mine ... now it is your turn ...)

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